Zacks Investment Management

Financial Management, Payments

Usio | February 01, 2023

Usio, Inc. informed on January 31, 2023, that its exclusive partner, MoviePass, witnessed rising demand across the country, allowing it to expand its market penetration from 3 cities to 9 across the United States and sign strategic partnerships. MoviePass uses Usio's proprietary prepaid card issuing platform and a unique external authorization engine to fund transactions for the MoviePass debit card. Louis Hoch, President and Chief Executive Officer of Usio, said,...

Payments

Paystand | July 26, 2021

Paystand, a blockchain-enabled payment network for businesses, announced today a $50 million Series C round of fundraising led by NewView Capital, with participation from SoftBank's Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital. This latest round nearly twice Paystand's previous fundraising and reflects the company's triple-digit growth as it leads the fight for an open commercial finance system. Paystand will invest this new cash in reinventing B2...

Core Banking, Digital Banking

PR Newswire | August 01, 2023

Treasury Prime, a leading embedded banking software company, today announced it is partnering with Academy Bank to bring embedded finance services to its customers in the financial services industry. This partnership addresses the increasing demand for flexible and scalable solutions that effectively meet the evolving needs of businesses and customers. The objective of this partnership is to provide businesses with seamless access to Academy Bank's deposit services, enabling...

Payments, Fintech

Businesswire | April 05, 2023

Zenus Bank, the digital bank that makes U.S. bank accounts available internationally, is proud to announce the acquisition of Financial Urban Exchange LLC (FUEX Payments), a fintech specializing in real-time payments for the Caribbean and Latin American (LAC) markets. This acquisition represents Zenus Bank's ongoing strategy to innovate and expand its service offering in the fintech industry and demonstrates its focus on delivering cutting-edge financial solutions to its cus...